The accept-reject approach involves the ranking of capital expenditure projects on the basis of some predetermined measure, such as the rate of return
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FALSE
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Use the following selected information from Whitman Corp. to determine the Year 2 and Year 1 trend percentages for cost of goods sold using Year 1 as the base. Year 2Year 1Net sales$276,200 $231,400 Cost of goods sold 151,900 129,590 Operating expenses 55,240 53,240 Net earnings 27,820 19,820
A. 119.4% for Year 2 and 100.0% for Year 1. B. 36.4% for Year 2 and 41.1% for Year 1. C. 55.0% for Year 2 and 56.0% for Year 1. D. 117.2% for Year 2 and 100.0% for Year 1. E. 65.1% for Year 2 and 64.6% for Year 1.
The difference between political risks and economic risks is that
A. political risks stem from hostility to foreign currencies, while economic risks stem from the instability of the monetary system. B. political risks stem from stability in foreign business, while economic risks stem from an excess of property right protections. C. political risks stem from the stability of a country's monetary system, while economic risks stem from instability in national business. D. political risks stem from instability or weakness in national governments, while economic risks stem from the stability of a country's monetary system, and its economic and regulatory policies. E. political risks stem from exchange rate fluctuations, while economic risks stem from hostility to foreign business.
Under the mailbox rule, an acceptance becomes valid when it is dispatched
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Renter's insurance covers your possessions and the structure of the house or condo you are renting
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